Foresight Daily

  • Blockchain chip startup Chain Reaction has raised $70 million in funding, with Morgan Creek Digital leading the round. The funds will be used to expand the engineering team. The total amount raised by the company now stands at $115 million.
  • Bitcoin mining consulting firm Sabre56 has completed a $35 million funding round, with investments primarily coming from private sources that have not been disclosed. The funding will be used to build its custody sites with the goal of preparing 150 megawatts (MW) of energy capacity by the end of this year.
  • Privacy technology start-up Beldex has completed a $25 million funding round, with digital asset market maker and investment company DWF Labs investing and establishing a partnership with them. These funds will help drive the development of Beldex’s ecosystem, with DWF serving as an advisor and assisting with marketing efforts.

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